HomeMy WebLinkAboutC2009-062 - 2/24/2009 - ApprovedAMENDMENT NO.2 TO THE AGREEMENT OF SALE
This Amendment No. 2 to the Agreement of Sale ("Second Amendment") amends
that certain Ageement of Sale with an effective date of February 15, 2008, as amended
by that certain Amendment No. 1 to the Agreement of Sale with an effective date of
Mazch 3, 2008 (collectively the "Ageement") by and between THE TRUST FOR
PUBLIC LAND, a nonprofit California public benefit corporation authorized to do
business in Texas as TPL-Texas, Inc., Seller, and the CITY OF CORPUS CHRISTI, a
Texas municipal corporation, as Buyer, affecting real property in Nueces County, Texas
(the "Property"). Capitalized terms used herein and not otherwise defined shall have the
same meaning as in the Agreement.
1. Amendment. Seller and Buyer agee that the first sentence of Section 5 of the
Ageement will be deleted in its entirety and replaced with the following:
Final settlement of the obligations of the parties hereto shall occur on or
before March 12, 2009, at such date, place and time as the parties shall
agee (the "Closing").
2. Effect of Amendment. Except as set forth herein, the terms and conditions of the
Ageement, remain unchanged.
3. Countemarts. This Second Amendment maybe executed in counterparts, each of
which shall be deemed an original and which shall together constitute one and the same
ageement.
IN WITNESS of the foregoing provisions, the parties have executed and delivered
this Second Amendment as of the date set forth below; said Second Amendment being
executed and delivered by individuals with full power and authority to sign for them and
bind them to this Second Amendment. The effective date (the "Effective Date") of this
Second Amendment shall be January 31, 2009. If a party returns this Second
Amendment by facsimile machine, the signing party intends the copy of its authorized
signature printed by the receiving facsimile machine to be his or her original signature.
CITY OF CORPUS CHRISTI
By: C~ONw
gel R. Escobar, City Manager
Approved as to legal form: ~I 13/ oti
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Lisa Aguilar, ssistant City Attorney
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2009-062
M2009-047
02/24/09 pus Christi
THE TRUST FO PUBLIC LAND
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